Dec 6, 2012 2:00pm EST
we want in return, it's very possible that the obama white house ends up meeting them more than halfway on some things, and that's how you get a deal. >> mark murray, thank you very much. let me bring in new jersey congressman bill paskrell. thank you for your time. i want to get your reaction to what mark murray just reported, moving down the line it's possible the president will make a move regarding entitlement reform that might not set well with some progressives. what is your take on that being a possible development if, in fact, the deal is reached on, first of all, the bush era tax cuts? >> i think mark is on target. i think we have a short-term solution here. that is to provide the sustained tax cuts for the 98% of americans who are in the middle class, and 97% of small businesses. then make a framework, provide a framework so we can have a long-term settlement finally on tax reform. that's going to come. it's similar to what senator bradley, remember him, in new jersey did in 1986 when we reframed and reformed the tax code. i think that's necessary. that's just as impor
Dec 10, 2012 2:00pm EST
mr. obama's hands. negotiating in public amongst themselves. prematurely giving up on the tax issue and undermining house speaker boehner in the process to which bill kristol responded, it would be great if they had an idea of what republicans can do. they don't. if they follow the editors over the cliff the only affect i'm afraid would be to turn a retreat in december in to a panicked rout in january. that's an interesting back and forth combined with what you said, as well. >> no, it is. i think you see in that back and forth a conservative outlet, at least the editorial page. some of the fissures within this party. just the direction of the party, there is, again, this big vacuum. there isn't a real leader of the republican party right now and seeing the different camps sort of fighting for primacy and fighting for a voice in terms of what the direction of this party will be not only on this issue but just in terms of larger issues about the direction of the country. >> and michael, as we pointed out, the president at the detroit diesel factory where diamler expected to make a hu
Dec 6, 2012 11:00am PST
alone will spend almost $37 billion on rebuilding. michelle obama is competing with bill clinton for a grammy for best spoken word album. the first lady red the audio version of "american grown," the story of the white house garden. the former president narrated his book "back to work." those are a couple of things we thought you should knowment time for the news narc gut check. treasury he secretary tim geithner told cnbc yesterday that the obama administration is absolutely ready to go over the cliff if republicans refuse to raise tax rates on the wealthiest americans. take a look. >> when it comes to raising taxes on the wealthy, if republicans do not agree to that is the administration prepared to go over the fiscal cliff? >> absolutely. there's no prospect to an agreement that doesn't involve the rates going up on the top 2% of the wealthy. >> orrin hatch called that one of the most stunning and irresponsible statements he's heard in some time. what does your gut tell you? do you support the obama administration's decision to go over the cliff? that does it for this edition of "